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As we bask in the warmth of summer, we’re here to bring you the latest updates and insights on tax matters that may impact you and your business. Whether you’re planning a well-deserved holiday or staying busy with your professional pursuits, we hope this edition provides valuable information to keep you informed. This month, we delve into the tax policies being debated in the run-up to the 2024 General Election, provide tips on navigating potential VAT changes for private school fees, and remind you of key tax deadlines. Thank you for reading, and please don’t hesitate to reach out if you have any questions or need further assistance. Enjoy the rest of the summer. General Election 2024 – What Are Main Parties Saying About Tax? Both the Conservative and Labour parties have pledged not to increase income tax, national insurance or VAT, although the Labour party have pledged to introduce VAT on private school fees. Both parties are also committed to clamping down on tax avoidance and evasion which they claim will fund their spending plans.  Both of the main parties also claim that removing the remittance basis for non-Doms will also yield more tax revenue, although Labour propose to plug loopholes in the Conservative plans. One tax measure not matched by Labour is the Conservative proposal to raise the personal allowance for pensioners in line with the State Pension triple lock so that none of the State Pension is subject to income tax.